ISDS Case Map
China
The EU and US are currently distancing themselves from China — unlike Switzerland as the country sticks to its free trade agreement with the world's second-largest economy despite mounting domestic criticism.
If all the seemingly insurmountable barriers are overcome and the US decides to reactivate the original Trans-Pacific Partnership Agreement, would there be another groundswell of opposition? You betcha.
A long-negotiated investment agreement between EU and China was more of an "intention than a deal and it could be a long time before it became a reality, an EU commissioner said.
US Trade Representative said she expects to engage “in the near term” with Chinese officials to assess their implementation of the “Phase 1” trade deal.
The EU is suspending plans for a trade deal with China, while reviving those for a pact with India, in a dispute on Chinese human-rights abuses.
India and the European Union are making joint efforts to seal a “connectivity agreement”, which could be an answer to China’s Belt and Road Initiative.
The US criticised China for failing to fulfil commitments it made in the “phase one” trade deal a year ago to improve protections for the intellectual property of American companies.
Japan’s parliament approved joining the RCEP to aim for it to come into effect from the start of next year. The approval by Japan’s upper house comes after China called for the deal to be ratified to shore up the economy in the Asia-Pacific.
A joint initiative on promoting early implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement has been launched in the east China port city of Qingdao on April 25.
Professor at the East Asian Institute of the National University of Singapore, cautioned that geopolitics now have "too much influence" on world trade, which could pose "great challenges" to the further implementation of the trade deal.
